**REGISTERED CHARITY NUMBER: 1159337**
**Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 October 2025**
**for**
**God-Unlimited Outdoor Therapy**
Monahans Chartered Accountants County Gate County Way Trowbridge Wiltshire BA14 7FJ
**God-Unlimited Outdoor Therapy**
## **Contents of the Financial Statements for the Year Ended 31 October 2025**
|||**Page**|
|---|---|---|
|**Report of the Trustees**|1|to 11|
|**Independent Examiner's Report**||12|
|**Statement of Financial Activities**||13|
|**Balance Sheet**||14|
|**Notes to the Financial Statements**|15|to 24|
**God-Unlimited Outdoor Therapy**
## **Report of the Trustees for the Year Ended 31 October 2025**
The charity is a charitable incorporated organisation (CIO) controlled by its Association constitution.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1159337
**Principal address** The Bustard Inn Shrewton Salisbury SP3 4DU
## **Trustees**
E Walters Chair D Whimpenny A Baud Mrs M Collier A Rollings T Armstrong
**Independent Examiner** Monahans Chartered Accountants County Gate County Way Trowbridge Wiltshire BA14 7FJ
## **Bank**
Lloyds Bank Salisbury
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www.guloutdoortherapy.org.uk office@guloutdoortherapy.org.uk CIO Number: 1159337 OSCR: SCO53574
## **Chairmans report**
As of 1 November 2025, Gul will begin celebrating its twentieth year. Reaching this milestone has made the financial year from 1 November 2023 to 31 October 2024 particularly significant: a period marked by reflection on how far we have come, preparation for our anniversary year, and the continued need to navigate the complex and demanding environment in which charities now operate.
Despite these challenges, Gul has continued to grow its reach and impact. In the 2024/2025 financial year, Gul supported **597 beneficiaries** , representing a **56% increase** on the prior year, and delivered services across an expanded geographic footprint. Over the same period, turnover increased from **£429,552 to £440,626** . The modest increase in income relative to the significant growth in beneficiary numbers reflects the sustained efforts of the senior management team to operate efficiently and to mitigate rising costs wherever possible.
Meanwhile, demand for our services continues to rise; while Gul has not yet turned away individuals seeking support, we now operate a waiting list, clearly demonstrating the ongoing and unmet need for our work, subject to the resources available to us. During the year, I was pleased to see tangible progress across our sites. In June 2025, I visited the new Orkney site for its first open day. It was inspiring to see the site, meet the team and horses, and experience the warm reception from the local community. The strong attendance, early fundraising success, and encouraging support from Orkney Council suggest that this site will quickly become well established within the region.
I also greatly enjoyed my visit to Salisbury, where I officially opened the new office at Riverside HQ. This facility will be vital both as a working base for staff and as a teaching and learning space. The Riverside open day drew exceptional local interest, with 470 visitors attending, and the horses once again proving a highlight. It was also a pleasure to present our new Volunteer of the Year Award for the first time, generously donated by trustee Andrew Baud.
Gul supports a broad and diverse group of beneficiaries. Our work spans alternative education for children who are unable to access mainstream schooling on a full-time basis, support for adults returning to or sustaining employment, and therapeutic provision focused on wellbeing for individuals and their carers, including where traditional education or employment pathways are not the immediate aim. Central to all of this is a commitment to inclusion, particularly for those with hidden disabilities or mental health
conditions. Encouragingly, national media coverage during the year has increasingly recognised the potential benefits of equine assisted therapy for neurodivergent individuals. We hope this momentum continues, and that, in time, equine assisted therapy will receive explicit government support in England, as it already has in Northern Ireland.
As an organisation delivering equine assisted therapy, the wellbeing of our horses is fundamental. We are therefore pleased to report that Gul again achieved a **5-star rating** under Wiltshire Council’s Animal Welfare Licensing regime. Our ongoing membership of professional bodies continues to reflect our commitment to high standards and best
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practice in outdoor and activity-led therapy. We are also delighted that our CEO, **Dr Celia Grummitt** , has been appointed Chair of the Equine Assisted Services Partnership (EASP), a role that reflects the high regard in which she is held across the sector. In addition, Gul has been selected as a delivery partner for the OCN London Level 3 and Level 4 qualifications, supporting 44 students and contributing to the long-term development and professionalism of the equine assisted services sector. Forthcoming changes outlined in the Alternative Provision white paper point towards increased regulation; Gul’s governance, safeguarding, and operating practices already align closely with these emerging expectations.
Like many charities, Gul is operating in a challenging financial climate. Rising costs, including increases to the minimum wage, employer national insurance, pension contributions, fuel prices, and the costs associated with caring for our horses, are placing sustained pressure on our resources. The consequence of the rising costs is that Gul must secure additional funding in the coming year in order to maintain the same level of activity and support delivered in 2024/2025. Donations are therefore increasingly critical to sustaining our work at its current scale.
In response to the global economic environment, the Board made the decision to close Gul’s five-year plan earlier than anticipated. Meaningful progress had been achieved against its core aims, including improving accessibility to our therapeutic model, strengthening delivery of our core provision, and maintaining leadership in activity-led outdoor therapy. However, those aims were developed in a markedly different context. Looking ahead, the Board believes a prudent and pragmatic approach is essential. While advocacy for equine assisted therapy as a recognised and mainstream form of support for neurodivergence, PTSD and mental health conditions will remain central, our immediate priority is resilience: ensuring that Gul can continue to meet the needs of those who depend on us, now and into the future. We believe deeply in the value of what Gul does; we see its impact every day, and we are committed to ensuring that it survives and thrives for the decades ahead. I would like to thank my fellow trustees and the President for their insight, challenge, and unwavering support this year. Their collective contribution has strengthened the organisation and provided a solid foundation as we enter our third decade. It is particularly encouraging that the Board has already commissioned work on a new ten-year plan to guide Gul’s future development.
On behalf of the Board, I extend my sincere thanks to our staff, volunteers, donors, and supporters. Your dedication, compassion and perseverance continue to change lives. As we look ahead, we remain grateful for your ongoing support in helping Gul provide timely, accessible and life-enhancing mental wellbeing services to those who need them most.
Signed :
Date: 28 May 2026
Name: Eleanor Walters Role: Chair of Trustees
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## **Objectives and Activities**
The objects of the CIO are as follows:
- (1) To provide or assist in the provision of facilities and therapeutic interventions through a network of healthy community and therapy centres for individuals who have need of such provision by reason of their age, ill-health or disability, financial hardship or social circumstances with the object of improving their conditions of life.
- (2) To advance the Christian faith for the public benefit.
## **Provision, Outputs and Outcomes**
Gul refers to people who use its service as beneficiaries, there are those who benefit directly from Gul of whom 210 attended Riverside in 2024-25, 42 for alternative provision and 168 for other activities such as riding and adult provision. 387 beneficiaries attended Gul across its other locations nationally and this figure is expected to rise as more centres come online. There is also an indirect benefit to beneficiary’s families, wider society and the community as a whole which can be manifest as respite for carers, support for families of those with complex needs, access to specialist provision for overstretched schools and social care services and a wider community access to outside spaces. While Gul does not track these numbers it estimates that another 2000 individuals received indirect benefit from the charity this year.
As can be seen in the charts below, Gul’s service has a female bias and the distribution of ages is weighted heavily towards young people who make up the majority of the charity’s beneficiaries, perhaps of more interest for those seeking to know a typical beneficiary is that the majority of our beneficiaries are attending Gul because of complex mental health needs, with ADHD, Autism, Anxiety, low confidence and a feeling of isolation being common themes. If one of Guls support staff were asked they would tell you that while Gul will help anyone in need a typical beneficiary is a 14 year old girl who is not attending school, crippled with anxiety, almost totally isolated from her peers, suffers low self-esteem, currently seeking help from professionals and is facing a 2-4 year wait for NHS services. During the year Gul provided 19457 hours of provision at its centres. This includes
- T herapy work which Gul defines as work undertaken with qualified staff or volunteers upon which notes are taken and recorded formally.
- Activities for the general public including riding lessons and holiday camps for the at its Riverside, Bustard and Littlemoor sites,
- A ccommodation and community groups at its Bustard and Penlan sites
- Horticulture at its Riverside and Penlan sites.
Gul’s service serves its local communities and beyond. It is open for all ages, genders, and backgrounds and a split of its demographic data can be seen below.
Gul recognises that each beneficiary has individual needs, strengths and aspirations. As such, every beneficiary is supported through a bespoke programme of activities and qualifications, developed collaboratively between the beneficiary, a member of the G ul team, and relevant professionals involved in their care and support.
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Programmes are tailored from Gul’s wider range of therapeutic and developmental activities, which may include Ground Based Equine Activities, horse riding, gardening, peer engagement opportunities, talking therapies, and accredited learning. Accreditation pathways are available through organisations including the Association of British Riding Schools and the AQA.
All programmes are individually designed following assessment and are subject to ongoing review by lead therapists and clinicians to ensure they remain appropriate and effective. Throughout a beneficiary’s engagement with Gul, participation and progress ar e monitored, recorded and regularly reported on to support both individual development and organisational oversight.
_Figure 1 Gender Split of Gul Users_
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_Figure 2 Age Distribution of Gul beneficiaries_
_Figure 3: Beneficiary distribution in the South West and Wales_
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_Figure 4 Beneficiary distribution in Scotland_
## **Equine Assisted Therapy and Horse Riding**
Within the Equine Assisted Services (EAS) sector Gul has used its experience as a provider of some 18 years to become a key advocate for the use of EAS to support mental and physical health across the UK. In 2025 Gul was again the UK’s leading provider of EAS Level 3 practitioner qualifications, a qualification written by The Horse Course, and refined by a cohort of leading providers, including Gul. The charity also led demonstrations and workshops for the Association of British Riding Schools, is a senior member of the organisation Equine Assisted Services Partnership which holds the kitemark for the industry and is a federation member of Horses in Education and Therapy International, which seeks to advance the field of EAS through research and joint practice.
2024/25 continues to see high demand for Gul’s provision. In line with national trends beneficiaries present with significantly greater needs, spend longer at the charity and frequently demand more from provision than Gul has capacity to offer. However, the benefits of Gul’s EAS service remain highly engaging and feedback from participants and commissioners is very positive.
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## **Outdoor**
The outdoors and time spent within it is at the core of everything Gul does, simply put, being outdoors is beneficial and when teamed up with professionals working to overcome specific obstacles its ability to transform the lives of beneficiaries is unparalleled. One of Gul’s Welsh sites is specifically focussed on non-equine outdoor provision, but all sites have elements of this work. Gul’s outdoor activities include agriculture and horticulture, adventure, outdoor pursuits, wilderness-based activities as well as nature and ecology In addition to its core work Gul has supported local schools and charities offering outdoor spaces for the young people. In Wiltshire an overnight camping facility was attended by over 30-year 5/6 students and separate lottery funded spaces were available for young carers. Gul hosts open days at its sites, an annual forum and a number of smaller fundraising events contributing to the raising of just over £34,466.98 for the charity.
## **The Bustard**
In 2022 The Bustard team decided to diversify and use its spare capacity to support the local tourist industry. It used spare rooms in the Supported Accommodation to open BnB facilities that have been at near capacity since opening adding much needed revenue. However, in 2023 rising need for accommodation for low-income single people and veterans has once again seen Gul’s accommodation used for supported living. The site supports 5 such individuals who are going through transitionary periods in their lives.
The Bustard also runs regular fitness classes; a successful community café now branded the Bustard Tea Rooms and uses its function suite to support local homeschooling groups which have burgeoned in popularity and other educational services. The tea rooms have grown to become a major asset for the charity providing alternative food options for the very popular King Alfred’s way cycle route and for tourist accessing Stonehenge. In 2024/5 The Tea Rooms was open Weekends and Bank holidays and employs 3 local people.
## **Wales**
Since 2019 Gul has operated two sites in Wales, Penlan and Littlemoor, both of which are just outside Carmarthen in South Wales. Penlan is part of a larger farm and camping operation and offers access to therapeutic time in horticulture, woodland space and outdoor education and craft activities, whereas Littlemoor offers equine assisted therapy. Both sites have grown in the last 12 months and are now becoming embedded in the local support system, working with 4 local schools and the local council. Gul intends to make use of the on-site facilities (outdoor arena, riding school licence, stabling and paddocks) as well as the considerable expertise of the sites owners in running forest school-like sessions, holistic therapy and heritage craft workshops to improve the well-being of disadvantaged individuals in the area. Gul in Wiltshire continues to support Gul Wales in its administration, fundraising and service delivery and expects
Littlemoor, the EAS site, is at full capacity and has begun to employ local people to continue to meet the rising need in the area.
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## **Scotland**
In 2024 Gul was invited to the Orkney Islands to see if it could leverage its expertise to provide support to its neurodiverse population. Since that time Gul Orkney has established a significant foothold at Peedie Ponies, in Burray and offers a regular weekly service to a dozen local people Gul’s Scottish services are registered with the OSCR and have secured a small number of statutory grants to expand its offer.
## **Assets**
The charity’s Riverside site continues to be the single largest source of provision for Gul and approximately 60% of those who attend are involved with this work stream to a greater or lesser extent. During 2025-26 Gul secured a grant to increase its stabling at the Wiltshire Riverside site and works are now complete. This resource has added an educational space. The Bustard remained structurally the same but saw work undertaken to decorate internally and essential maintenance on its sewage system. There were also significant improvements to its garden and residential rooms.
## **Fundraising**
Gul seeks a responsible and sustainable grant funding and donation position, that avoids the charity becoming overly reliant on funders and enables its programmes to run long past the ending of a grant. To this end Gul typically seeks grants amounting to 20-30% of its income for core and project costs with occasional grant applications for large capital projects that expand the charity’s ability to deliver on its objects.
## **Reserves policy**
Gul recognises the need for planning for contingencies. On the rare occasions that Gul had income noticeably greater than expenditure funds are placed into the ring-fenced reserves funs. Gul seeks to have three months operating costs set aside. In addition to this, the charity would aim to have a small contingency fund available to absorb unexpected shocks such as periods of long-term illness/ absence among staff.
Such funds are held within the main account but tracked within the monthly accounts as separate budgets. The amount of reserves held by the charity and their usage is agreed at Trustee level.
## **Risk management**
Gul’s Trustees meet quarterly to review the charities operations, funding, policies, procedures, risk assessments, safeguarding and management plans as part of its overall governance and risk mitigation strategy. The senior leadership team meet weekly to discuss operational management and immediate concerns are dealt with on a day-to-day basis by team leaders and qualified staff.
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Finances are managed using cloud-based software updated weekly, and management reports are produced alongside annual budgets and cash flow forecasts.
Safeguarding and Health and safety are also discussed at separate weekly meetings at an operational level and six weekly at a Trustee level relating to specific concerns or policy review.
External risk is managed using strategic planning and risk assessments undertaken by the senior management team and reviewed by the trustees.
## **Structure Governance and management**
Gul received a 5-star rating from Wiltshire Council for its Animal Welfare Licence. Efforts expended in training and continued professional development resulted in Gul being added to Human Equine Interaction Register, becoming a member of EASP, AQA and CPD certification schemes and the core team undertook several internal reviews of its strategy, stakeholder engagement and mentoring which are predicted to bear fruit in the coming financial year.
The charity is governed by its constitution. It was incorporated on November1st 2014, prior to this the charity was known as God Unlimited and was a registered charity founded in 2006.
All trustees give their time voluntarily and receive no benefits from the charity; they can, however, recover expenses incurred directly as a result of their role.
The board currently consists of the Chair (appointed from the existing trustees) and four further trustees. The board has to have a minimum of 3 serving trustees with no maximum limit.
## **Trustee Induction and Training**
Trustees are recruited to ensure a diversity of relevant skills and the expertise needed for effective governance of the charity. They are invited to complete a skills audit before undergoing the same safer recruitment process as all staff members and volunteers. Candidate trustees attend a trustee’s meeting as an observer to see what the role involves before commitment from either side. Separately, candidate trustees are discussed in a meeting between the Chair & CEO.
All trustees are made aware of their responsibilities which include;
- Trustee role and responsibilities
- Key documents setting out the framework for the charity including the
- Memorandum and
Articles, all current policies, Business Plan.
- Financial and funding information including the latest published accounts
- A copy of the Charity Commission: Essential Trustee guide
Trustees are also invited to a tour of the buildings and locations to see Gul in action and to meet the staff and volunteer team.
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All Trustees are required to complete statutory and Mandatory training annually as per Gul’s training policies, this is done via online e-learning and face to face training.
## **Statement of Trustee Responsibility**
The Trustees are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.
In preparing these financial statements, the Trustees are required to: **AFT**
1. Select suitable accounting policies and then apply them consistently;
2. Observe the methods and principles in the Charities SORP;
3. Make judgments and accounting estimates that are reasonable and prudent;
4. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the articles of association. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report was approved by the Board of Trustees on ………………………………………………... 28 May 2026
It was signed on its behalf by
Date: 28 May 2026
Eleanor Walters Name: Role: Chair of Trustees
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**Independent Examiner's Report to the Trustees of God-Unlimited Outdoor Therapy**
## **Independent examiner's report to the trustees of God-Unlimited Outdoor Therapy**
I report to the charity trustees on my examination of the accounts of God-Unlimited Outdoor Therapy (the Trust) for the year ended 31 October 2025.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
James Gare FCA DChA
Monahans Chartered Accountants County Gate County Way Trowbridge Wiltshire BA14 7FJ
Date: .............................................
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**God-Unlimited Outdoor Therapy**
## **Statement of Financial Activities for the Year Ended 31 October 2025**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
15,165
**Charitable activities**
4
Activities in furtherance of objectives
289,189
Supported accommodation
34,789
Investment income
3
255
Other income
5
78,260
**Total**
417,658
**EXPENDITURE ON**
Raising funds
796
**Charitable activities**
6
Activities in furtherance of objectives
403,391
**Total**
404,187
**NET INCOME/(EXPENDITURE)**
13,471
**RECONCILIATION OF FUNDS**
Total funds brought forward
79,731
**TOTAL FUNDS CARRIED FORWARD**
93,202|Restricted
funds
£
22,968
-
-
-
-
22,968
-
30,391
30,391
(7,423)
9,962
2,539|2025
Total
funds
£
38,133
289,189
34,789
255
78,260
440,626
796
433,782
434,578
6,048
89,693
95,741|2024
Total
funds
£
35,592
287,126
43,408
31
63,395
429,552
-
400,847
400,847
28,705
60,988
89,693|
|---|---|---|---|
The notes form part of these financial statements
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## **God-Unlimited Outdoor Therapy**
|**Balance Sheet**
**31 October 2025**
Notes
**FIXED ASSETS**
Tangible assets
13
**CURRENT ASSETS**
Debtors
14
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
15
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year 16
**NET ASSETS**
**FUNDS**
19
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|2025
£
507,971
8,595
22,504
31,099
(27,850)
3,249
511,220
(415,479)
95,741
93,202
2,539
95,741|2024
£
505,247
14,764
33,813
48,577
(20,662)
27,915
533,162
(443,469)
89,693
79,731
9,962
89,693|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. E Walters - Trustee
The notes form part of these financial statements
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**God-Unlimited Outdoor Therapy**
## **Notes to the Financial Statements for the Year Ended 31 October 2025**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
God-Unlimited Outdoor Therapy is a charitable incorporated organisation (CIO) registered in England and Wales.
The address of the principal office is given in the charity information on page 1 of these financial statements. The nature of the charity's operations and principal activities are stated in the trustees report.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest pound.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Irrecoverable VAT is charged as an expense against the activity for which the expenditure arose.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
- Freehold property - 2% on straight line basis Improvements to property - 2% on straight line basis Equine, fixtures & fittings - 25% on reducing balance
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**God-Unlimited Outdoor Therapy**
**Notes to the Financial Statements - continued for the Year Ended 31 October 2025**
## **1. ACCOUNTING POLICIES - continued**
## **Tangible fixed assets**
No depreciation is provided on freehold land.
Fixed assets are included at cost less accumulated depreciation. Expenditure is only capitalised on individual assets with a cost of at least £1,000.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Cash**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Debtors and creditors payable within one year**
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
## **Financial instruments**
The charity only holds basic financial instruments as defined in FRS 102. Trade debtors, trade creditors and accruals are held at amortised cost as detailed in notes 13 and 14. Cash is measured at face value. Fixed asset investments are measured at fair value as detailed in note 12. Prepayments are not financial instruments.
## **Other Loans**
Loans from individuals repayable in more than one year, with no fixed repayment date, are initially recognised and measured at the amount received, with the carrying amount adjusted in subsequent year to reflect repayments and any accrued interest and adjusted if necessary for any impairment.
## **Going Concern**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
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**God-Unlimited Outdoor Therapy**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 October 2025**
## **2. DONATIONS AND LEGACIES**
|Donations
Gift aid
Grants
**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Activities in furtherance of
objectives
Activities in furtherance of objectives
Supported accommodation Supported accommodation
**5.**
**OTHER INCOME**
Rent receivable
Other income
Café income
**6.**
**CHARITABLE ACTIVITIES COSTS**
Direct
Costs (see
note 7)
£
Activities in furtherance of objectives
394,625|2025
£
10,965
-
27,168
38,133
2025
£
255
2025
£
289,189
34,789
323,978
2025
£
7,500
50,396
20,364
78,260
Support
costs (see
note 8)
£
39,157|2024
£
6,971
1,271
27,350
35,592
2024
£
31
2024
£
287,126
43,408
330,534
2024
£
7,500
42,744
13,151
63,395
Totals
£
433,782|
|---|---|---|
Page 17
**God-Unlimited Outdoor Therapy**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 October 2025**
## **7. DIRECT COSTS OF CHARITABLE ACTIVITIES**
|Staff costs
Rates and water
Insurance
Light and heat
Outdoor activities
Repairs & maintenance
Communication and information technology
Advertising and marketing
Staff training
Professional fees
General expenses|2025
£
235,165
4,684
14,607
1,658
103,774
5,089
3,391
1,292
1,061
1,829
22,075
394,625|2024
£
217,645
4,489
14,152
3,142
93,376
10,439
3,265
1,714
2,827
2,518
8,053
361,620|
|---|---|---|
## **8. SUPPORT COSTS**
|Management
£
Activities in furtherance of objectives
11,548|Governance
Finance
costs
£
£
25,427
2,182|Totals
£
39,157|
|---|---|---|
Support costs, included in the above, are as follows:
|2025
Activities
in
furtherance
of
objectives
£
Professional fees
136
Subscriptions
1,287
Depreciation
10,125
Bank charges
364
Interest payable and similar charges
25,063
Independent examiner fees
2,182
39,157
**9.**
**OTHER**
2025
£
Support costs
39,157|2024
Total
activities
£
900
1,612
6,670
267
26,526
3,252
39,227
2024
£
39,227|
|---|---|
## **Independent examiner's remuneration**
The independent examiner's remuneration for the year was £2,182 (2024: £3,252). The remuneration is for accounts preparation and independent examination..
Page 18
**God-Unlimited Outdoor Therapy**
## **Notes to the Financial Statements - continued for the Year Ended 31 October 2025**
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 October 2025 nor for the year ended 31 October 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 October 2025 nor for the year ended 31 October 2024.
## **11. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs|2025
£
224,854
7,083
3,228
235,165|2024
£
206,325
7,925
3,395
217,645|
|---|---|---|
## **Key management personnel remuneration**
The charity considers its key management personnel to comprise the trustees, the Chief Executive Officer and the operations director. The remuneration paid to key management personnel during the year was £42,506 (2024: £41,581).
The average monthly number of employees during the year was as follows:
||2025|2024|
|---|---|---|
|Charitable activities|17|19|
No employees received emoluments in excess of £60,000.
Page 19
**God-Unlimited Outdoor Therapy**
## **Notes to the Financial Statements - continued for the Year Ended 31 October 2025**
|**12.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
9,742
**Charitable activities**
Activities in furtherance of objectives
287,126
Supported accommodation
43,408
Investment income
31
Other income
63,395
**Total**
403,702
**EXPENDITURE ON**
**Charitable activities**
Activities in furtherance of objectives
377,946
**NET INCOME**
25,756
**RECONCILIATION OF FUNDS**
Total funds brought forward
53,975
**TOTAL FUNDS CARRIED FORWARD**
79,731
**13.**
**TANGIBLE FIXED ASSETS**
Improvements
Equine,
Freehold
to
fixtures
property
property
& fittings
£
£
£
**COST**
At 1 November 2024
455,209
62,071
14,595
Additions
11,649
-
1,200
At 31 October 2025
466,858
62,071
15,795
**DEPRECIATION**
At 1 November 2024
22,818
7,408
8,147
Charge for year
4,036
1,241
1,912
At 31 October 2025
26,854
8,649
10,059
**NET BOOK VALUE**
At 31 October 2025
440,004
53,422
5,736
At 31 October 2024
432,391
54,663
6,448
**14.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors||Restricted
funds
£
25,850
-
-
-
-
25,850
22,901
2,949
7,013
9,962
Motor
vehicles
£
11,995
-
11,995
250
2,936
3,186
8,809
11,745
2025
£
8,595|Total
funds
£
35,592
287,126
43,408
31
63,395
429,552
400,847
28,705
60,988
89,693
Totals
£
543,870
12,849
556,719
38,623
10,125
48,748
507,971
505,247
2024
£
14,764|
|---|---|---|---|
|||||
|||||
|||||
|||||
|||||
|||||
Page 20
**God-Unlimited Outdoor Therapy**
## **Notes to the Financial Statements - continued for the Year Ended 31 October 2025**
## **15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|2025
£
Bank loans and overdrafts (see note 17)
12,364
Trade creditors
8,563
Taxation and social security
3,726
Other creditors
3,197
27,850
**16.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
2025
£
Bank loans (see note 17)
168,272
Other creditors
247,207
415,479
**17.**
**LOANS**
An analysis of the maturity of loans is given below:
2025
£
Amounts falling due within one year on demand:
Bank loans
12,364
Amounts falling between one and two years:
Bank loans - 1-2 years
49,457
Amounts falling due between two and five years:
Bank loans - 2-5 years
118,815
Amounts falling due in more than five years:
Repayable otherwise than by instalments:
Other loans more 5yrs non-inst
247,207|2025
£
Bank loans and overdrafts (see note 17)
12,364
Trade creditors
8,563
Taxation and social security
3,726
Other creditors
3,197
27,850
**16.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
2025
£
Bank loans (see note 17)
168,272
Other creditors
247,207
415,479
**17.**
**LOANS**
An analysis of the maturity of loans is given below:
2025
£
Amounts falling due within one year on demand:
Bank loans
12,364
Amounts falling between one and two years:
Bank loans - 1-2 years
49,457
Amounts falling due between two and five years:
Bank loans - 2-5 years
118,815
Amounts falling due in more than five years:
Repayable otherwise than by instalments:
Other loans more 5yrs non-inst
247,207|2025
£
12,364
8,563
3,726
3,197
27,850||
|---|---|---|---|
||247,207|||
Other loans represent unsecured loans from individuals with no repayment terms. Apart from loans of £27,074 at 31 October 2025, which are interest free, interest of the Bank Rate plus 2% is added to loans.
## **18. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Unrestricted
funds
£
Fixed assets
507,971
Current assets
28,560
Current liabilities
(27,850)
Long term liabilities
(415,479)
93,202|Restricted
funds
£
-
2,539
-
-
2,539|2025
Total
funds
£
507,971
31,099
(27,850)
(415,479)
95,741|2024
Total
funds
£
505,247
48,577
(20,662)
(443,469)
89,693|
|---|---|---|---|
Page 21
**God-Unlimited Outdoor Therapy**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 October 2025**
## **19. MOVEMENT IN FUNDS**
|At
1.11.24
£
**Unrestricted funds**
General fund
79,731
**Restricted funds**
Bustard Development
-
NI
86
Bursary Income
195
National Lottery
9,585
Orkney
96
Riverside development
-
9,962
**TOTAL FUNDS**
89,693
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
417,658
**Restricted funds**
Bustard Development
800
Bursary Income
-
National Lottery
-
Orkney
3,500
Riverside development
12,000
Kids activities
5,000
Pantry
1,668
22,968
**TOTAL FUNDS**
440,626|Net
movement
At
in funds
31.10.25
£
£
13,471
93,202
800
800
-
86
(195)
-
(9,585)
-
1,484
1,580
73
73
(7,423)
2,539
6,048
95,741
Resources
Movement
expended
in funds
£
£
(404,187)
13,471
-
800
(195)
(195)
(9,585)
(9,585)
(2,016)
1,484
(11,927)
73
(5,000)
-
(1,668)
-
(30,391)
(7,423)
(434,578)
6,048|
|---|---|
Page 22
**God-Unlimited Outdoor Therapy**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31 October 2025**
## **19. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
Wiltshire Community Foundation
Local Giving Riverside Kit
WASP satellite clubs
Cross Plain Health Centre
NI
Horsetrust World
GUL Scotland
Bursary Income
National Lottery
Orkney
**TOTAL FUNDS**|Net
At
movement
At
1.11.23
in funds
31.10.24
£
£
£
53,975
25,756
79,731
232
(232)
-
420
(420)
-
434
(434)
-
409
(409)
-
86
-
86
(13)
13
-
600
(600)
-
4,245
(4,050)
195
-
9,585
9,585
600
(504)
96
7,013
2,949
9,962
60,988
28,705
89,693|
|---|---|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Wiltshire Community Foundation
Local Giving Riverside Kit
WASP satellite clubs
Cross Plain Health Centre
Horsetrust World
GUL Scotland
Bursary Income
National Lottery
Orkney
**TOTAL FUNDS**|Incoming
resources
£
403,702
5,000
-
-
-
-
-
-
18,350
2,500
25,850
429,552|Resources
Movement
expended
in funds
£
£
(377,946)
25,756
(5,232)
(232)
(420)
(420)
(434)
(434)
(409)
(409)
13
13
(600)
(600)
(4,050)
(4,050)
(8,765)
9,585
(3,004)
(504)
(22,901)
2,949
(400,847)
28,705|
|---|---|---|
The Wiltshire Community Foundation fund is for free or subsidized holiday activities in Wiltshire.
The Local Giving Riverside Kit fund is for gardening.
The Wiltshire and Swindon Sport (WASP) satellite clubs fund is for the purchase of tents.
The Cross Plain Health Centre fund is for HETI project funding.
Page 23
**God-Unlimited Outdoor Therapy**
# **Notes to the Financial Statements - continued for the Year Ended 31 October 2025**
## **19. MOVEMENT IN FUNDS - continued**
The NI fund is set aside for a proposed centre in Northern Ireland.
The Horsetrust World fund is for equine equipment in Wiltshire.
The GUL Scotland fund is for set up costs and initial sessions in Scotland .
The Orkney fund is for sessions at Peedie ponies in Orkney.
The Bustard Development fund is for repair and development costs to the Bustard property.
## **20. RELATED PARTY DISCLOSURES**
The charity made purchases of £6,159 (2024: £6,050) and sales of £5,000 (2024: £3,400) from / to Rainbow 2 Ltd, a company of which Dr Celia Grummitt is a director. There is a debt of £200 owed from Rainbow 2 Ltd at the year end. Interest of £9,079 was added to a loan from William Grummitt, the husband of Dr Celia Grummitt. The trustees made donations of £525 during the year. £3,823 of sales made to the trustees.
Page 24